Property tax: assessments; correction of errors in certain property valuations and in processing certain exemption applications; provide for. Amends secs. 27a & 53b of 1893 PA 206 (MCL 211.27a & 211.53b).

Michigan House Bill 6277 amends the General Property Tax Act to streamline the correction of errors in property valuations and the processing of exemption applications. The bill allows local boards of review to immediately correct taxable values when an assessor determines that a transfer of ownership did not actually occur, bypassing previous limitations on how many years back corrections could be made. It also expands the definition of "qualified error" to include specific mistakes in processing personal property and veterans' exemptions, ensuring taxpayers receive rebates or bill adjustments for these verified errors.